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A series of multiple-choice questions and answers related to motor vehicle and powersport dealer licensing in colorado. It covers topics such as the definition of a used motor vehicle dealer, advertising requirements, dealer demo vehicles, lemon law provisions, and temporary registration permits. Designed to help individuals preparing for a sales mastery test or seeking to understand the legal requirements for operating a motor vehicle or powersport dealership in colorado.
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motor vehicle dealers, powerspoert dealers used power sports dealers - ✔✔✔any change in the hours of operation o business when it continues to operate full time the defenition o used motor vehicle dealer or used power sports - ✔✔✔a person who attempts to negotiate a sale or lease of a of a used MV or PWSP vehicle for profit the motor vehicle board is authorized and empowered to - ✔✔✔all of the above when advertising a specific number of motor vehicles, that - ✔✔✔True selling , Leasing , exchanging, renting with option to purchase - ✔✔✔True selling leasing excchganing, renting with option to purchase - ✔✔✔True By obtaining an off premise permit, dealers may sell motor vehicle at - ✔✔✔False which of the following statements is true regarding dealer demo - ✔✔✔a demo drive cannot exceed 7 days CO lemon law includes - ✔✔✔Defects that substantially impair the market value of the vehicle motor vehicle insurance is required - ✔✔✔Vor all registrieren vehicles intended for use on Colorado roads
which is true regarding in transit plates? - ✔✔✔in transit plates may be used to transport vehicles from point of purchase to point of storage or from point of storage to point of sale licensed power sport dealers may sell which of the following on - ✔✔✔A powersport vehicle which of the following steps are required to properly and legally - ✔✔✔effect a lien creating a security interest An advertisement include - ✔✔✔All of the above which of the following is a used vehicle? - ✔✔✔a demo vehicle with 1300 miles which of the following are deceptive trade practices? - ✔✔✔all of the above how many temp permits may a dealer issue for each roadworthy vehicle - ✔✔✔ 1 depot plates may be used during normal business hours to transport - ✔✔✔all of the above three of the following are required when a dealer is advertising a lease - ✔✔✔disclosing the cost of lease vs purchasing prominently and conspicuously display? - ✔✔✔Buyer's guide a temp registration permit may be issued - ✔✔✔for 60 days